Sports betting slowed down in the Garden State in February, but there was no such let-up for online casino, as revenue raced past the $200m mark for the first time.
iGaming Business and Ficom Leisure are pleased to present the New Jersey iGaming Dashboard, providing revenue and product metrics on the state’s regulated market.
Online casino revenue came to $212.4m, which comfortably eclipsed the record high that had been set just a month earlier. In addition, the figure was more than double the amount of online casino revenue recorded in February 2021 and four times February 2020’s total.
The Borgata and its BetMGM product remained the market leader in online casino with a 29.1% share, but Golden Nugget and Resorts Digital were both close behind.
Meanwhile, after five consecutive billion-dollar months, sports betting handle declined below that threshold, while revenue fell to $30.4m. Fanduel partner the Meadowlands continued to hold a comfortable lead from its competitors, but its market share declined to 44.5%, the lowest total since launch.
Making up ground was Resorts Digital, which saw its market share grow to 27.9%.
It also provides monthly figures, available via iGamingBusiness.com, on the Italian online market in the Italy iGaming Dashboard, as well as quarterly figures on the Spanish market in the Spain iGaming Dashboard, and the Portuguese market in the Portugal iGaming Dashboard.
A European corporate advisory firm, Ficom Leisure is a specialist in all segments of the betting and gaming sector.